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jobs are up 0.2% since obama...this SMASHES EXPECTATIONS! :1orglaugh:1orglaugh:1orglaugh
SMASH! S-M-A-S-H! nothing screams SMASH like 0.2%...it is known as "the smash unit!" SMASH! not over exaggerating AT ALL! :1orglaugh:1orglaugh:1orglaugh |
S M A S H! All expectations SMASHED! Nobody could have even imagined a 0.2% gain!
SMASH! |
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It's down almost a whole percentage point since Trump got into office, which is 20% decrease. |
...and that's the trajectory those stats have been on ever since 2009, which BTW was after Obama's first year.
The only thing Trump can get credit for is not fucking it up. The fact that even Trump can't fuck it up is a testament to how strong Obama's momentum is. and fuck you. |
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I credit Trump's deregulation and corporate tax cuts. |
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The "thanks Obama" people always conveniently "forget" that. Let me remind them then. The Republican Congress would not work with President Obama for the final 6 years of his administration. So President Obama had ZERO economic legislation passed for his entire term. So President Obama famously said: If Congress won't work with him he had "a pen and a phone" and would make Executive Orders. And that's what he did. And President Obama didn't have a clue about how the economy works. He was never in the private sector and was just using liberal economic theories. The result: The worst "recovery" in history as the economy just stagnated. Trump came in and took all of the horrible economic restrictions that Obama had place on it...and the economy responded. It's not "coincidence" that everything got really good once Obama was gone and Trump took over. But you can't convince people who are so full of hate and delusions of that. |
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yeah thats not desperate at all :1orglaugh:1orglaugh:1orglaugh its amazing how the unemployment rate fell "20%" according to you but the stock market has done SHEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEET in the last 17 months....just amazing :1orglaugh:1orglaugh:1orglaugh booming for sure :2 cents::thumbsup |
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Economies are far more complex than the leaders can control. The world is a big place and the world economy plays the biggest part. Getting more manufacturing back to the West will improve the West's economy. But it will be decades before we see an effect. Just like the decades needed to see the effects of Globalisation, Immigration and now Automation. |
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^^ |
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The simple fact is the unemployment rate was 4.6% when Trump took office and now it's a whole percentage point lower. 1 point is 21%. It's the law of large numbers, or in this case, small numbers. And the stock market is up 40%+ since Trump got elected. Nobody uses a "17" month time frame unless you're cherry picking. And the only thing that's kept this market down is a trade war that's being lingering since Trump started threatening China in January of 2018. Next thing you'll tell us that has nothing to do with the dow, right? |
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also the 17 month figure is just the amount of time the stock market has done NOTHING...I am sorry you do not like the plain truth...when it does nothing for another month it will be 18 months...the fact that nobody uses this time frame does not take away from the truth about the dead market... |
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If the unemployment dropped from 4.6 to 2.3 it would be a 50% cut. You don't understand that? Quote:
See, you don't own any stocks so you don't watch the market every day. So in your mind you laugh and say "what's the big deal with a .25% rate hike." But you don't understand that the market is a fickle bitch, and that small rate hike causes much fear in the market and in return causes massive sell offs every time. Just last week there was talk about a possibly lowering the rate and the fed announced he wasn't. Bam. 300 point sell off. That's the Fed not raising it but leaving it where it is. And I havent even touched on the trade war that's gone on for the past 14 months. Every fucking month, back and forth, US or China would threaten each other causing massive sell offs. I saw that Trump tweet on Sunday and I knew all hell was going to break loose today. Last night I checked the dow futures and it dropped 600 pts. All that shit adds up. Deny it all you want, but that is why we are where we are. It's just some temporary but necessary pain. Once we get though this we will definitely be in a much better and stronger position aka your worst nightmare :1orglaugh Once this trade war is behind us, we're on to 30k |
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